715 Lewisville RdMindenLA71055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Minden at 715 Lewisville Rd, Minden, LA, 71055 at $196,500 posts ROI 29.57% with $525/mo cash flow from $1,742/mo rent. Total monthly income equals $1,742/mo, and annual cash flow records $6,295/yr on $65,140 to close. Return on cash invested measures 29.57% and rental yield reads 10.64% at the current $196,500. Equity gained on principal adds $1,268/yr, and 5% annual appreciation supports $54,289 by year five. Five-year ROI prints 154.69% and total cumulative return in cash totals $100,765.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,742/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71055, Minden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 5,204 (58.6%) |
| Renter Occupied HU | 2,517 (28.4%) |
| Vacant Housing Units | 1,152 (13.0%) |
| Median Home Value | $129,704 |
| Average Home Value | $170,659 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
7,931
Multi-Family
472
Businesses
746
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Nearby investment properties with comparable prices
Listed by: Cynthia Ray • Century 21 Jan Frye & Assoc
Mls Name: NTREIS
Mls ID: #20930443
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.